Oil slips to one month low as glut deepens from Forcados to Texas

by | June 12, 2017 12:55 am

Oil headed for a third weekly drop as rising supplies from the U.S. to Nigeria showed that OPEC is still struggling to clear a global oil surplus. Futures were little changed in New York, down 4.3 percent this week, and close to the levels traded when OPEC agreed output curbs in November. U.S data released…

This content is for Standard & Premium Digital Subscribers only.
Log In Subscribe